So'd I, Tom! I thought they were still using the shear type harvesters down in the South, where all the pine was just going to pulp anyway...I watched a video of one of those machines working, but it was years ago. The ends of the soft pine trees got mangled, but the log didn't seem to split (down the grain) much at all. Those were just little 4" peckerwood trees, though, not the big trees.
But you are right, the new Deere harvester with the tracks in front uses a cutoff saw (or a mounted chainsaw?), not a snip. Neat machines, I want to find one working and watch it for awhile. Unfortunately, most of the logging areas around here are also on steep hillsides where that machine, and others like it, would make a mess as is rolled 1000 feet down thru the woods...